Huawei Revenue Soars 30% In H1

Huawei chief financial officer Meng Wanzhou stated Huawei, which recorded an operating margin of 18 per cent, “achieved stable and healthy growth in all of its three business segments”, comprising its consumer, enterprise and carrier businesses.

“Huawei’s mid-range and high-end smartphones, Mate7 and P8 in particular, as well as Honor-branded phones, have made solid progress, helping us guarantee quality and sustainable growth in the consumer business,” Meng commented.

Gartner figures released at the end of May found that Huawei ranked fourth in worldwide smartphones sales in the 2015 first quarter, capturing a 5.4 per cent share of the market, up from 4.8 per cent year-on-year.

“Thanks to the extensive application of our cloud computing, storage, agile network, and other flagship products and solutions in the smart city, finance, education and ISP markets in and outside of China our growth in the enterprise business began to pick up in the first half of this year,” she commented.